Archive for the ‘Top Stories’ Category

Weekly Claims Still Falling; Productivity Gains Easing

New U.S. claims for unemployment benefits fell last week, a government report showed on Thursday, pointing to more healing in the nations battered jobs market. jobs market. CNBC’s Top Business Stories from the U.S.

Economic Growth Picks Up, So Why All the Gloom?

CNBC’s Top Business Stories from the U.S.

Economy Grows at 2.8% Clip, but Slowdown Likely Ahead

The economy grew at its fastest pace in 1-1/2 years, but a strong rebuilding of stocks by businesses and weak spending on capital goods hinted at slower growth in early 2012. CNBC’s Top Business Stories from the U.S.

Americans Are Leading the World in Cutting Debt: Survey

Americans are cutting debt faster than other countries and could be halfway through the deleveraging process, setting the stage for economic recovery, a new survey found. CNBC’s Top Business Stories from the U.S.

Romney Attacks Gingrich on ‘Wrongful’ Activity

Less than 48 hours after Newt Gingrich  won the South Carolina primary, Mitt Romney launched a coordinated campaign attack against his newly strengthened rival.  CNBC’s Top Business Stories from the U.S.

Kodak Files for Bankruptcy, Secures $950 Million Lifeline

Eastman Kodak, which invented the hand-held camera and brought the world the first pictures from the moon, has filed for bankruptcy, capping a prolonged plunge for what remains one of America’s best-known firms.   CNBC’s Top Business Stories from the U.S.

Mortgage Applications Surge More Than 20% on Refi Wave

Applications for U.S. home mortgages surged more than 20 percent last week, fueled by a wave of refinancing demand as interest rates dropped. CNBC’s Top Business Stories from the U.S.

Jon Huntsman Quits GOP Race, Endorses Mitt Romney

Jon M. Huntsman Jr. dropped out of the Republican presidential race, ending his candidacy a week before he had hoped to revive his campaign in the South Carolina primary. He endorsed Mitt Romney. CNBC’s Top Business Stories from the U.S.

Week Ahead: It’s Earnings Versus Europe for Markets

U.S. stock investors will return to a tug of war between signs of domestic strength and overseas concerns next week as a batch of critical earnings reports compete with the credit rating downgrades in Europe.  CNBC’s Top Business Stories from the U.S.